What will be the journal entry for advance payments made to the other parties?
- 5 Answers
- 15108 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rakesh kumar
parties name a/c dr
to cash / bank cr
(being advance payment made to parties)
| Is This Answer Correct ? | 19 Yes | 3 No |
Answer / mohan
debit to the advanced party and
credit to the who the advance made name party
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / khalid yousf
prepaid expanse a/c Dr
to chase a/c r BANK A/C
| Is This Answer Correct ? | 1 Yes | 4 No |
Answer / yash
Yes Journal entry for advance payments made to the other
parties
| Is This Answer Correct ? | 1 Yes | 10 No |
Answer / guest
Advance payment to ABC Ltd Dr XXXX
Machinery Cr xxxx
| Is This Answer Correct ? | 5 Yes | 18 No |
how to answer tell me about yourself in an interview?
7 Answers Genpact, Hindustan Adhesives, InTouch, TATA, Wipro,
is it related to b.com syllabus or puc syllabus
1 Answers AIM Research, Bank of Baroda,
Derivative
what is the Journal entry for BANK GUARANTEE given by a bank for our company? Giv an example.
What is the marginal cost formula?
what is turn over? what is vat? what should ido to become a expert in acount? plese ans me
1- Can ledger make without journal?
What is the purpose of a balance sheet?
Tell me what is an over accrual?
what is differnce between balance sheet of a bank & a company
1 Answers Banking, Standard Chartered,
When a business man take his net profit from his firm, how will make the entry in cash book?
what is miscellaneous expenditure??
Audit 
